U.S. housing starts fall sharply in April

FILE PHOTO: Workers install roof trusses onto a new house in Arvada, Colorado July 10, 2017. REUTERS/Rick Wilking

Housing starts dropped 29.7% on a year-on-year basis in April. Homebuilding fell in all four regions last month. As the country gradually reopens, there are indications the worst of the homebuilding slump in likely over. A survey on Monday showed an increase in homebuilder confidence in May. With at least 21.4 million people having lost their jobs in March and April, however, the housing market could remain subdued for a while even with mortgage rates near record lows.

Here we go!!

Pappmaché-Häuser.

No shit.

Not in NYC/NJ suburbs yet.

Vi esta foto y me llamo la atencion Minvu . Hra de pensar en construir viviendas sociales a gran escala c/materiales ligeros. Ventajas: reactiva la economia: construccion, forestal. Proyectos tiempo, costo, eficiencia energetica. Permitira alcance y +m2 para las familias.

Wood truss

Is this good or bad? Lots of Gen X and Millennials still haven't bought their first home.

They cause to cry

The realDonaldTrump economy

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China home prices rise again in April, adding momentum to recoveryChina's new home prices rose at a slightly faster pace in April, adding to signs that the country's property market is slowly recovering as coronavirus lockdowns are eased and the world's second-largest economy reopens. Sure they did. News has article of recovery make people have false sense things are ok, reality it is not ok, we are in worldwide economic collapse. All we have now is hope, that is very much it. imho
Source: Reuters - 🏆 2. / 97 Read more »